Category Archives: Economy

How is Trump economy basically a train wreck?

The word-of-mouth about Trump’s economy is spreading like wildfire. President Trump leaves no chance of touting about his robust economic strategies in the United States. To everyone’s horror Donald Trump made an announcement suggesting that “trade wars are good”. And further he is going to proceed by imposing 10% and 25% tariffs on aluminum and steel respectively. Although the president ... Read More »

What Is Hydrogen Economy?

Hydrogen economy relates to the future, where most of humanity’s energy needs will be met via hydrogen. As is common knowledge, hydrogen is a flammable gas and it can be used to power vehicles, in industries for heat, and for electricity generation. There’s growing interest in hydrogen economy, as hydrogen is one of the cleanest fuels known to mankind. Upon ... Read More »

Top 5 Countries With Largest Gold Reserves

The value of currency is dependent on a country’s economy, which means it can appreciate or depreciate according to prevailing economic conditions. This is why currency cannot be termed as the real wealth of a country, especially in the long term. Several factors define a country’s real wealth such as education system, healthcare system, industrial & scientific prowess, economic & ... Read More »

Top 10 Countries With Highest Tax Rate

Tax is often a burden for most of us and we always think about ways to reduce the amount of tax charged on our income. We also have a tendency of complaining about the high tax rate. However, based on where you live, it is possible that people in other countries may be paying a much higher tax rate. To ... Read More »

Top 5 Richest States In United States

It’s obvious that United States is the wealthiest nation in the world, accounting for nearly 30% of the overall global wealth. In monetary terms, that percentage is equivalent to almost USD 106 trillion. Of course, China has its eyes set on becoming a world leader, but it still has a long way to go. China shares around 18% of global ... Read More »

Lithium The New Oil – Which Country Has Highest Lithium Reserves?

If we look at per capita oil production, it becomes clear why countries like Kuwait, UAE, and Saudi Arabia are so rich. However, as is common knowledge, the world is transitioning to an all-electric ecosystem. While the previous century was predominantly oil-based, the 21st century will see exponential growth in electric ecosystem. To support this ecosystem, the world will need ... Read More »

Which Country Has Cheapest Petrol?

Most of the world currently runs on fossil fuels such as petrol, diesel and CNG (compressed natural gas). Even though electric vehicles (EVs) usage is increasing, it will take several years for them to go mainstream. Till then, fossil fuels will continue to maintain their dominance. For the common people, expenses related to their daily commutes form a significant percentage ... Read More »

From Where Countries Borrow Money?

People borrow money from banks, financial institutions and family and friends. Businesses borrow from financial institutions and they can also raise money by selling their shares via IPO. But where do countries / nations borrow money from? Well, when it comes to nations, there are a number of options available for them. For better understanding, let’s take a look at ... Read More »

Top 10 Richest Sportsmen inUnited Kingdom

In the Sunday Times Rich List for wealthiest sportsmen under 30 in UK, soccer players have dominated the scene. Among the top 10 richest sportsmen under 30 in UK, seven are soccer players. It goes on to show the popularity of soccer in the country and where all the money is flowing to. However, the top two people in the ... Read More »

8 simplest ways to increase happiness

The uplifting news is that there are some deductively demonstrated exercises which when done continually, can help us in our journey for bliss. In the wake of looking through a significant number of these recommendations which are bolstered by studies and investigations, I need to impart the accompanying 8 ways to increase happiness. Practice Mindfulness Mindfulness living is about living ... Read More »